This is another indicator that CO2 will be regulated on the federal level. California (and other states named in the article, including Massachusetts), helped start this process, as they usually do. It will be interesting to see how this moves through the bureaucracy of the EPA and what kind of regulations (assuming the ruling does end up standing) will come of it.

I came across this article last week that mentions the growth potential on the carbon market. Carbon market to grow 50% in 2007. My comments are a bit sparse on these two today. I hope to come back and readdress what I may think their implications are.